Wednesday, September 03, 2008

Congressional Moratorium on Offshore Drilling in the Outer Continental Shelf Should Be Allowed to Expire


The clock is ticking on the congressional moratorium on access to billions of barrels of domestic oil beneath American waters. President Bush already rescinded the White House prohibitions on access to this energy, so the congressional restrictions are the only thing standing between 19 billion barrels of additional domestic oil and the citizens who need it. If Congress does not act to renew these outdated, anti-energy, and anti-consumer restrictions, these areas will be opened to exploration and drilling beginning on October 1. Some are calling this Energy Freedom Day, and it would be a welcome and long overdue step toward dealing with high gasoline prices.

Click here to read the entire article, a lot of interesting information.

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